The level 100 as a magnet | 13 September 2016
13 September 2016, USD/JPY
The four-hours chart USDJPY. The main support/resistance level (4/8) has strong resistance for price. As a result we could see strong down pull back and now pair is locating on (2/8) level. Now we couldn’t observe strong price bounce from this level and it is one of the signals of further breakthrough of this level. The breakthrough of (2/8) level could opened way to the next even level it is the main support level (8/8). This possibility has high priority.
Trading decisions: no
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
